What do I need to know about the Master Promissory Note (MPN) and PLUS Loans?
The Master Promissory Note (MPN) is a legal agreement where you promise to repay your federal loan(s) and any interest or fees. It also explains the terms of your loan.
- Graduate/Professional Students: Complete the PLUS MPN for Graduate/Professional Students.
- Parents of Undergraduate Students: Complete the PLUS MPN for Parents of Dependent Undergraduate Students.
- PLUS Credit Counseling: If you have an adverse credit history, you may need to complete PLUS Credit Counseling. This helps you understand your responsibilities when borrowing a PLUS loan.
For full details and more instructions, visit the Federal Student Aid website.